A loan helped to buy foodstuffs and toiletries to sell.

Richard's story

Richard is 35 years old, a resident of Mbiko in the Buikwe District. He is a single father of five children and all of them go to school.

Richard is a businessman and mainly operates a retail shop. He has been a UGAFODE client since 2017 and has always serviced his loans well. He approached UGAFODE for a loan facility to boost his business. Richard will stock more foodstuffs and toiletries to sell, and gain income to increase his cash inflows.

This loan is special because:

It provides financing to underserved borrowers.

Loan details

Lenders and lending teams

Loan details